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Bullboard - Stock Discussion Forum Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral Medical Inc. is a Canada-based late-stage theragnostic company advancing therapeutic options for sepsis and septic shock. The Company develops and commercializes a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) diagnostic and the Toraymyxin therapeutic (PMX). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the... see more

TSX:EDT - Post Discussion

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Post by mercedesman on Apr 12, 2023 5:33pm

UPdate

Bihl and Stevens just doubled their DSU's (last week)

After buying in at .40 (with warants) - they must like what they see coming down the pike (pipe? - I never know).

$ 17mm needed (under new timelines per BM) with a big chunk likely to come from Baxter.  This assumes no early stoppage.

Trial costs up, but Dialco costs down.

Dead money will be stocks in general over the next 6 - 12 months.  Look for Recession proof stocks (e.g late stage Healthcare and Golds)
Comment by BayStreetWild on Apr 12, 2023 6:02pm
You mean averaging down with free shares? they don't pay for DSU... they're given for free at specific time periods for "work".
Comment by BayStreetWild on Apr 13, 2023 8:48am
Hey how does that work again, you're a math guy.. let's say you buy 100 000 shares at 30 cents... and then the company gifts (or grants or whatever) you another 100 000 shares... what's your cost basis for those 200 000 shares?
Comment by BayStreetWild on Apr 12, 2023 8:16pm
Dead money most certainly won't be in Copper, Lithium, Precious Metals... anywhere but here. just my opinion.
Comment by mercedesman on Apr 12, 2023 9:42pm
Welcome back ! Somebody must be looking to put in a 52 week low soon?  Give me a hint, is .24 the new .17?  I'd be a bit careful with copper - industrial metals may be hurt by the pending Recession.  Once there is a bottom in, maybe.  stick with the monetary metals for now.  O&G looks more interesting, esp if there is a refilling of the SPR. But China ...more  
Comment by BayStreetWild on Apr 13, 2023 8:23am
The world has moved on, unfortunately for us. A recession will have little to no effect on copper prices. In fact, even as the average person within the Golden Billion grows poorer, our elected officials will push to enrich themselves and their sponsors by electrifying most everything we use. Biden has already committed a trillion... lots of space in the debt ceiling again and much of it will be ...more  
Comment by mercedesman on Apr 13, 2023 8:59am
You need to have some hold and silver in hand, but I like the leverage you get from miners.  Re: copper - did well with Ivanhoe with first buys below $1  Still have some copper plays but once the market anticipates the coming recession it'll languish for a bit - but medium to long term, mostly agree. 
Comment by BayStreetWild on Apr 13, 2023 8:45am
In the short run, I would think much lower. I'm surprised they haven't rolled it back 10:1 yet and just kept it hanging over the stock for years now. Going to be really difficult to raise money going forward I would think. Very possible you could see single digits, but what do I know. Truth be told, I don't care. I just come here to confirm I made the right decision. So far, I'm on ...more  
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